The Principal Act is amended in Chapter 3 of Part 10 by substituting the following for section 96(3) -
"(3) The provisions relating to the powers and rights conferred by this Chapter apply to any housing loan mortgage notwithstanding any stipulation to the contrary and notwithstanding any powers and rights expressly conferred under such a mortgage, but in relation to any other mortgage, except where section 97 applies, or except where this Part provides to the contrary, take effect subject to the terms of the mortgage.".